Securian Asset Management Inc. Cuts Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Securian Asset Management Inc. lessened its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,099 shares of the specialty retailer’s stock after selling 150 shares during the period. Securian Asset Management Inc.’s holdings in O’Reilly Automotive were worth $3,675,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Venturi Wealth Management LLC grew its position in shares of O’Reilly Automotive by 8.5% in the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock valued at $132,000 after purchasing an additional 9 shares during the period. Metis Global Partners LLC lifted its stake in O’Reilly Automotive by 0.5% in the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after buying an additional 9 shares in the last quarter. L.M. Kohn & Company boosted its holdings in O’Reilly Automotive by 1.4% in the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock worth $753,000 after buying an additional 9 shares during the last quarter. Advisory Alpha LLC increased its stake in O’Reilly Automotive by 4.4% during the 4th quarter. Advisory Alpha LLC now owns 215 shares of the specialty retailer’s stock worth $255,000 after buying an additional 9 shares in the last quarter. Finally, Catalina Capital Group LLC increased its stake in O’Reilly Automotive by 3.6% during the 4th quarter. Catalina Capital Group LLC now owns 262 shares of the specialty retailer’s stock worth $311,000 after buying an additional 9 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $1,309.29 on Thursday. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,389.05. The firm has a 50 day simple moving average of $1,286.52 and a 200-day simple moving average of $1,222.22. The firm has a market cap of $74.99 billion, a price-to-earnings ratio of 32.20, a PEG ratio of 2.34 and a beta of 0.91.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. Equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Chairman Gregory L. Henslee sold 3,073 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the completion of the sale, the chairman now owns 11,397 shares in the company, valued at approximately $14,988,764.55. The trade was a 21.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brad W. Beckham sold 833 shares of the company’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the transaction, the chief executive officer now owns 760 shares of the company’s stock, valued at approximately $988,000. The trade was a 52.29 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 7,894 shares of company stock worth $10,409,618. Corporate insiders own 1.18% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Barclays lifted their price target on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research note on Friday, February 7th. Wedbush increased their target price on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research report on Thursday, February 6th. Mizuho raised their price target on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Guggenheim restated a “buy” rating and issued a $1,475.00 price target on shares of O’Reilly Automotive in a research report on Monday. Finally, Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, O’Reilly Automotive currently has an average rating of “Buy” and a consensus price target of $1,390.81.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.